Asana I is the first real estate fund launched by Asana Partners, which aims to raise $400 million in equity commitments. The value-added fund focuses on urban high street retail, primarily in the eastern United States.

OP&F has approved $100 million in commitments to date: $50 million to Greystar Equity Partners IX, a value-added fund managed by Greystar Equity Partners, and now $50 million to Asana I. An additional $45 million is targeted for a future commitment in 2016, according to